FORT LAUDERDALE, FL--(Marketwired - Jul 18, 2016) - The Templeton closed-end Funds referenced below, which trade on the New
York Stock Exchange, today released portfolio allocation updates containing the following information as of June 30, 2016:
- Asset Allocation
- Ten Largest Positions/Portfolio Characteristics
- International Allocation/Net Currency Distribution
- Industry Allocation/Country Distribution
To obtain a copy of the updates, please contact Fund Information at 1-800-342-5236.
Templeton closed-end Funds:
Templeton Dragon Fund, Inc. (NYSE: TDF)
Templeton Global Income Fund (NYSE: GIM)
The Funds' investment managers are subsidiaries of Franklin Resources, Inc. (NYSE: BEN), a global investment management
organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment
management to retail, institutional and sovereign wealth clients in over 180 countries. Through specialized teams, the company
has expertise across all asset classes -- including equity, fixed income, alternative and custom solutions. The company's
more than 600 investment professionals are supported by its integrated, worldwide team of risk management professionals and
global trading desk network. With offices in 35 countries, the California-based company has more than 65 years of investment
experience and over $732 billion in assets under management as of June 30, 2016. For more information, please visit
franklintempleton.com.
This press release contains statistical data regarding the Fund's portfolio. The Fund's complete portfolio holdings are
publicly available on a quarterly basis on Form N-Q, as well as in the Fund's Annual and Semi-Annual Report to Shareholders filed
with the U.S. Securities and Exchange Commission. These documents may be found at sec.gov. For portfolio management discussions,
including information regarding the Fund's investment strategies, please view the most recent Annual or Semi-Annual Report to
Shareholders which can be found at franklintempleton.com or sec.gov.
| |
| TEMPLETON DRAGON FUND, INC. |
| AS OF JUNE 30, 2016 |
| TOTAL NET ASSETS: $696,350,460.47 |
| NET ASSET VALUE PER SHARE: $20.11 |
| OUTSTANDING SHARES: 34,624,210 |
| |
| |
ASSET ALLOCATION |
PERCENT OF TOTAL NET ASSETS |
|
TEN LARGEST POSITIONS |
PERCENT OF TOTAL NET ASSETS |
| CASH & OTHER |
1.6% |
|
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD |
9.1% |
| EQUITY* |
98.4% |
|
CHINA PETROLEUM & CHEMICAL CORP |
6.5% |
| |
100.0% |
|
TENCENT HOLDINGS LTD |
6.3% |
| |
|
|
DAIRY FARM INTERNATIONAL HOLDINGS LTD |
6.2% |
| |
|
|
CHINA CONSTRUCTION BANK CORP |
4.1% |
| |
|
|
NINE DRAGONS PAPER HOLDINGS LTD |
3.4% |
| |
|
|
CHINA MOBILE LTD |
3.2% |
| |
|
|
AIA GROUP LTD |
3.1% |
| |
|
|
UNI-PRESIDENT CHINA HOLDINGS LTD |
2.6% |
| |
|
|
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD |
2.5% |
| |
|
|
|
47.0% |
| |
|
|
|
|
INTERNATIONAL ALLOCATION |
PERCENT OF TOTAL NET ASSETS |
|
INDUSTRY ALLOCATION |
PERCENT OF TOTAL NET ASSETS |
| ASIA |
100.0% |
|
CONSUMER DISCRETIONARY |
10.8% |
| |
CHINA |
74.5% |
|
|
AUTOMOBILES & COMPONENTS |
5.9% |
| |
HONG KONG |
15.1% |
|
|
CONSUMER DURABLES & APPAREL |
3.1% |
| |
TAIWAN |
10.4% |
|
|
MEDIA |
0.3% |
| TOTAL EQUITY* |
100.0% |
|
|
RETAILING |
1.5% |
| |
|
|
CONSUMER STAPLES |
9.9% |
| |
|
|
|
FOOD & STAPLES RETAILING |
6.7% |
| |
|
|
|
FOOD BEVERAGE & TOBACCO |
3.2% |
| |
|
|
ENERGY |
9.4% |
| |
|
|
FINANCIALS |
33.8% |
| |
|
|
|
BANKS |
5.2% |
| |
|
|
|
DIVERSIFIED FINANCIALS |
24.5% |
| |
|
|
|
INSURANCE |
3.8% |
| |
|
|
|
REAL ESTATE |
0.4% |
| |
|
|
HEALTH CARE |
0.5% |
| |
|
|
|
PHARMACEUTICALS, BIOTECHNOLOGY & LIFESCIENCES |
0.5% |
| |
|
|
INDUSTRIALS |
3.8% |
| |
|
|
|
CAPITAL GOODS |
1.6% |
| |
|
|
|
TRANSPORTATION |
2.2% |
| |
|
|
INFORMATION TECHNOLOGY |
20.5% |
| |
|
|
|
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT |
9.2% |
| |
|
|
|
SOFTWARE & SERVICES |
11.1% |
| |
|
|
|
TECHNOLOGY HARDWARE & EQUIPMENT |
0.2% |
| |
|
|
MATERIALS |
4.5% |
| |
|
|
TELECOMMUNICATION SERVICES |
3.4% |
| |
|
|
UTILITIES |
3.4% |
| |
|
|
TOTAL NET ASSETS |
100.0% |
| |
|
|
|
|
You may request a copy of the Fund's current Report to Shareholders by contacting Franklin Templeton's Fund Information
Department at 1-800/DIAL BEN® (1-800-342-5236) or by visiting franklintempleton.com. All investments involve risks, including
possible loss of principal. Special risks are associated with foreign investing, including currency volatility, economic
instability and political developments of countries where the Fund invests. Emerging markets involve heightened risks related to
the same factors, in addition to those associated with their relatively small size and lesser liquidity. There are special risks
associated with investments in China, Hong Kong and Taiwan, including exposure to currency fluctuations, less liquidity,
expropriation, confiscatory taxation, nationalization and exchange control regulations (including currency blockage), inflation
and rapid fluctuations in inflation and interest rates. In addition, investments in Taiwan could be adversely affected by its
political and economic relationship with China. Because the Fund invests its assets primarily in companies in a specific region,
the Fund is subject to greater risks of adverse developments in that region and/or the surrounding regions than a fund that is
more broadly diversified geographically. Political, social or economic disruptions in the region, even in countries in which the
Fund is not invested, may adversely affect the value of securities held by the Fund. Also, as a non-diversified investment
company investing in "China companies," the Fund may invest in a relatively small number of issuers and, as a result, be subject
to a greater risk of loss with respect to its portfolio securities. The Fund is actively managed and investment allocations can
be expected to change, but there is no guarantee that the manager's investment decisions will produce the desired results. The
industry allocation uses MSCI's industry definitions for the convenience of comparison. The information provided is as of the
date shown and comes from sources considered reliable, but the Fund makes no representation or warranty as to its completeness or
accuracy.
* Equity includes convertible and preferred securities.
| |
| TEMPLETON GLOBAL INCOME FUND |
| AS OF JUNE 30, 2016 |
| TOTAL NET ASSETS: $957,766,454 |
| NET ASSET VALUE PER SHARE: $7.14 |
| OUTSTANDING SHARES: 134,144,158 |
| |
| |
ASSET ALLOCATION |
PERCENT OF TOTAL NET ASSETS |
|
PORTFOLIO CHARACTERISTICS |
|
| CASH & CASH EQUIVALENTS |
20.8% |
|
WEIGHTED AVG. MATURITY |
4.1115 yrs. |
| DERIVATIVES |
-4.5% |
|
WEIGHTED AVG. DURATION |
1.1112 yrs. |
| FIXED INCOME |
83.6% |
|
WEIGHTED AVG. COUPON |
5.7092% |
| |
100.0% |
|
|
|
| |
|
|
|
|
| |
|
|
|
|
CURRENCY DISTRIBUTION |
PERCENT OF TOTAL NET ASSETS |
|
COUNTRY DISTRIBUTION |
PERCENT OF TOTAL NET ASSETS |
| NORTH AMERICA |
91.3% |
|
EUROPE |
13.1% |
| |
US DOLLAR |
91.3% |
|
|
LITHUANIA |
0.9% |
| EUROPE |
-37.3% |
|
|
POLAND |
4.2% |
| |
EURO |
-41.5% |
|
|
PORTUGAL |
2.7% |
| |
POLAND ZLOTY |
4.2% |
|
|
SLOVENIA |
0.2% |
| ASIA |
6.4% |
|
|
UKRAINE |
5.1% |
| |
INDIAN RUPEE |
8.5% |
|
ASIA |
33.5% |
| |
INDO RUPIAH |
10.3% |
|
|
INDIA |
4.7% |
| |
JAPANESE YEN |
-31.3% |
|
|
INDONESIA |
9.2% |
| |
MALAYSI RINGGIT |
15.2% |
|
|
MALAYSIA |
4.0% |
| |
PHILIPPINE PESO |
2.0% |
|
|
PHILIPPINES |
2.0% |
| |
SOUTH KOREAN WON |
-0.2% |
|
|
SOUTH KOREA |
11.7% |
| |
SRI LANKA RUPEE |
1.9% |
|
|
SRI LANKA |
1.9% |
| AUSTRALIA/NEW ZEALAND |
-8.7% |
|
LATIN AMERICA |
35.9% |
| |
AUSTRALIAN DOLLAR |
-8.7% |
|
|
BRAZIL |
15.1% |
| LATIN AMERICA |
48.3% |
|
|
COLOMBIA |
2.2% |
| |
BRAZILIAN REAL |
15.1% |
|
|
MEXICO |
15.3% |
| |
CHILEAN PESO |
7.0% |
|
|
PERU |
3.3% |
| |
COLOMBIAN PESO |
2.2% |
|
OTHER |
17.5% |
| |
MEXICAN PESO |
20.7% |
|
|
CASH |
20.8% |
| |
PERU NUEVO SOL |
3.3% |
|
|
DERIVATIVES |
-4.5% |
| TOTAL |
100.0% |
|
|
SUPRANATIONAL |
1.2% |
| |
|
|
TOTAL |
100.0% |
| |
|
|
|
|
| |
|
|
|
|
You may request a copy of the Fund's current Report to Shareholders by contacting Franklin Templeton's Fund Information
Department at 1-800/DIAL BEN® (1-800-342-5236) or by visiting franklintempleton.com. All investments involve risks, including
possible loss of principal. Changes in interest rates will affect the value of the Fund's portfolio and its share price and
yield. Bond prices generally move in the opposite direction of interest rates. Thus, as prices of bonds in the Fund adjust to a
rise in interest rates, the Fund's share price may decline. Special risks are associated with foreign investing, including
currency fluctuations, economic instability and political developments of countries where the Fund invests. Investments in
developing markets involve heightened risks related to the same factors, in addition to those associated with their relatively
small size and lesser liquidity. The markets for particular securities or types of securities are or may become relatively
illiquid. Reduced liquidity will have an adverse impact on the security's value and on the Fund's ability to sell such securities
when necessary to meet the Fund's liquidity needs or in response to a specific market event. The Fund's use of foreign currency
techniques involves special risks as such techniques may not achieve the anticipated benefits and/or may result in losses to the
Fund. Also, as a non-diversified investment company, the Fund may invest in a relatively small number of issuers and, as a
result, be subject to a greater risk of loss with respect to its portfolio securities. The Fund is actively managed and
investment allocations can be expected to change, but there is no guarantee that the manager's investment decisions will produce
the desired results. The information provided is as of the date shown and comes from sources considered reliable, but the Fund
makes no representation or warranty as to its completeness or accuracy. The weightings do not include the impact of currency
forwards within the country weightings.